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Botched Canadian tax reform shows how difficult it will be to make changes in Congress

October 19, 2017 Adam Button 0

Proposals mostly dropped
Over the past few months, the Canadian government floated a few ideas designed to close tax loopholes.
In short, everyone was incorporating because lower corporate tax rates and dividend rules made it easy to dodge income taxe…

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Was this another reason for GBP selling?

October 19, 2017 Adam Button 0

If it was, it wasn’t much
Goldman Sachs CEO Llyod Blankfein fired up his twitter machine today to talk about Brexit in a bit of a troll-job.
There’s some talk about GBP-selling on that tweet but that sounds like fitting the move the narrative.
The post…

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Philly Fed and initial jobless claims coming up next

October 19, 2017 Adam Button 0

The economic calendar is light
The calendar is light but I don’t think the market wants to settle down today. The dollar is under some pressure, the yen is strong as the ghosts of Black Monday haunt the market.
The post Philly Fed and initial jobless c…

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